Atrenew Inc Drc Stock Market Value
| RERE Stock | USD 3.44 0.32 10.26% |
| Symbol | ATRenew |
ATRenew Inc DRC Price To Book Ratio
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATRenew. If investors know ATRenew will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATRenew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Revenue Per Share 59.574 | Quarterly Revenue Growth 0.274 | Return On Assets (0.01) | Return On Equity (0.04) |
The market value of ATRenew Inc DRC is measured differently than its book value, which is the value of ATRenew that is recorded on the company's balance sheet. Investors also form their own opinion of ATRenew's value that differs from its market value or its book value, called intrinsic value, which is ATRenew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATRenew's market value can be influenced by many factors that don't directly affect ATRenew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATRenew's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRenew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRenew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ATRenew 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ATRenew's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ATRenew.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in ATRenew on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding ATRenew Inc DRC or generate 0.0% return on investment in ATRenew over 30 days. ATRenew is related to or competes with Qurate Retail, Hour Loop, Solo Brands, 1StdibsCom, Baozun, Kidpik Corp, and LightInTheBox Holding. ATRenew Inc., through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in th... More
ATRenew Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ATRenew's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ATRenew Inc DRC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.1401 | |||
| Maximum Drawdown | 20.09 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 10.26 |
ATRenew Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATRenew's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATRenew's standard deviation. In reality, there are many statistical measures that can use ATRenew historical prices to predict the future ATRenew's volatility.| Risk Adjusted Performance | 0.137 | |||
| Jensen Alpha | 0.6928 | |||
| Total Risk Alpha | 0.0683 | |||
| Sortino Ratio | 0.1992 | |||
| Treynor Ratio | 1.66 |
ATRenew Inc DRC Backtested Returns
ATRenew appears to be relatively risky, given 3 months investment horizon. ATRenew Inc DRC secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing ATRenew's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of ATRenew's risk adjusted performance of 0.137, and Mean Deviation of 3.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATRenew holds a performance score of 11. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATRenew's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATRenew is expected to be smaller as well. Please check ATRenew's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether ATRenew's price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
ATRenew Inc DRC has virtually no predictability. Overlapping area represents the amount of predictability between ATRenew time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATRenew Inc DRC price movement. The serial correlation of 0.08 indicates that barely 8.0% of current ATRenew price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
ATRenew Inc DRC lagged returns against current returns
Autocorrelation, which is ATRenew stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ATRenew's stock expected returns. We can calculate the autocorrelation of ATRenew returns to help us make a trade decision. For example, suppose you find that ATRenew has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ATRenew regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ATRenew stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATRenew stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATRenew stock over time.
Current vs Lagged Prices |
| Timeline |
ATRenew Lagged Returns
When evaluating ATRenew's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATRenew stock have on its future price. ATRenew autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ATRenew autocorrelation shows the relationship between ATRenew stock current value and its past values and can show if there is a momentum factor associated with investing in ATRenew Inc DRC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ATRenew Inc DRC is a strong investment it is important to analyze ATRenew's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATRenew's future performance. For an informed investment choice regarding ATRenew Stock, refer to the following important reports:Check out ATRenew Correlation, ATRenew Volatility and ATRenew Alpha and Beta module to complement your research on ATRenew. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
ATRenew technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.